Skip to documentation
Strategy types
DocsStrategies

Strategy types

On this page

Strategies share an onchain buy-and-burn design, but differ in what they purchase and how they can be launched.

New Strategy launches are currently disabled on this site. Launch descriptions below are retained for reference; existing Strategies remain available.

NFT strategies

NFT strategies accumulate fees to buy NFTs from an underlying collection, then list those NFTs for resale. Sale proceeds buy and burn the Strategy token.

The documented ERC-721 launch flow uses permissionless requests followed by a waiting period and finalization. ERC-1155 launches require collection authorization.

The 7 are shown separately from ordinary ERC-721 Strategies because their contracts have a bug that can lock purchased NFTs. Affected NFTs should be treated as effectively burned.

Fungible strategies

Fungible strategies buy and sell configured amounts of an underlying ERC-20 token. Their documented launch flow uses immediate permissionless deployment, subject to the token and factory checks.

Recursive strategies

Recursive strategies buy and burn their own token. Existing recursive Strategies remain available, but the current create form does not offer new recursive launches.

For launch availability and the documented payment, timing, and eligibility mechanics, see the launch reference.

TokenStrategy™

Perpetual on-chain machines.

Powered byTokenWorks

© 2026 Token Workshop, Inc. Intellectual property associated with each Strategy belongs to its respective owner. TokenWorks is not affiliated with, sponsored by, or endorsed by any third-party rights holder referenced by or incorporated into a Strategy.